Blake, 29, is in his seventh NBA season and is averaging 7.6 points, 4.0 assists and 2.0 rebounds in 51 games in 2009-10. In his career, the former University of Maryland star has appeared in 470 NBA games, making 289 starts with career averages of 7.6 points, 4.2 assists and 2.6 rebounds. Originally drafted in the second round (38th overall pick) of the 2003 NBA Draft by the Washington Wizards, Blake is a career 39 percent three-point shooter and has played for a total of five teams, spending time with the Milwaukee Bucks and Denver Nuggets as well as the Wizards and Trailblazers.

Outlaw, 25, was drafted by Portland with the 23rd overall pick in the 2003 NBA Draft and has been limited to 11 games this season after undergoing surgery to repair a stress fracture of the fifth metatarsal in his left foot on Nov. 18, 2009. Currently fourth on the Blazers in scoring in 2009-10 averaging 9.9 points per game, the six-foot-nine forward has appeared in 377 career NBA games, starting 26 with career averages of 9.9 points, 3.5 rebounds and 0.7 assists.

Camby leaves the Clippers in the midst of his second season with the club after coming to Los Angeles in a trade with Denver on July 15, 2008. A 13-year NBA veteran and former NBA Defensive Player of the Year, Camby has appeared and started in 51 games for L.A. this season, averaging 7.7 points and 12.1 rebounds – the second highest total in the league.

In a related roster move, the Clippers also waived combo guard Ricky Davis.

Davis, 30, in his 12th NBA season is averaging 4.4 points, 1.6 rebounds and 1.1 assists in 36 games in 2009-10.

The acquisition of Outlaw and Blake required the Clippers to waive one of their 16 players to get below the roster size limit of 15. Veteran swingman Ricky Davis was the odd man out, and will now look to catch on with a playoff contender down the stretch run.

The cash considerations in the trade are reported to be around 3 million dollars, but that has yet to be confirmed. We’ll have updates on that as soon as possible.